Well I wanted to do my next travel post today but I can't access my templates on inleo, I am experience a few bugs today that weren't there yesterday, don't know if some new software got released or if it is only on my side.
On top of that as a premium user I have a custom color interface for inleo which I use the green one but today nothing is appearing, I tried log out and in again and changing the setting in the menu, it works for the current page but is not persistent if I open a new tab.
Anyway maybe it will be fixed with time.
Instead lets talk about market pullback, my post yesterday was about coins starting to pump, specially Dash but today the market went down. Bitcoin went close to 110k and hive temporarily went down to its all-time low of 0.078 before quickly jumping back up to $0.14, still a 20% lose.
https://inleo.io/@walterjay/is-it-altcoin-season-yet-dash-going-up-40-eys
The good thing for me is that my surge investment a few days again of 1800 Hive might be off if the price of hive stays that low and the LP pool is released making SURGE go up to $1. I would make like 25% just on SURGE pricing and also some extra money if I can buy Hive lower then $0.18 making it a winning trade.
SURGE is running out and the price is even lower(in USD terms) now with the drop in HIVE price since it is priced at 4 Hive.
Only 26k was left when I checked today which is less then 100k worth of HIVE.
Price was less then $0.56 per SURGE paid in Hive on tribaldex.
As I said in a thread today, a lot of people with leveraged got destroyed because of the pull back but nothing unusual in crypto space, we have to consider everything went up a lot and fast (well except Hive I guess).
Once again Hive market cap is way below $100M with about 69M USD at time of writing. I guess not that enough outside capital is buying hive compared to seller on the market so price is lower. Also the fact that it is an inflationary today might stop some other crypto investor to invest here compare to other assets.
I still believe it is undervalued and I see potential in Hive as a software to be used to build blockchain businesses on and having more success like splinterlands or inleo ecosystem is always a place.
Again not a financial advice, do your own research (DYOR).
See you guys next time.
Posted Using INLEO
Market is really bad today and hive is at 14 cents so I used all my HBD to buy Hive. This is the lowest ever price for hive I have seen.
SURGE sell going very fast and expected to end soon.